Find flights
Deals
Insights
When to book
FAQs & Tips
Direct Flights
Airlines

MAD - PTY

Find cheap flights from Madrid to Panama City from £301

This is the cheapest one-way flight price found by a KAYAK user in the last 72 hours by searching for a flight from Madrid to Panama City departing on 14/4. Fares are subject to change and may not be available on all flights or dates of travel. Click the price to replicate the search for this deal.
1 adult
0 bags
Sun 28/4
Sun 5/5

Search hundreds of travel sites at once for deals on flights to Panama City

 
These are the airlines KAYAK users have selected most often from within our search results in flight searches from Madrid to Panama City, as well as popular online travel agencies
These are the airlines KAYAK users have selected most often from within our search results in flight searches from Madrid to Panama City, as well as popular online travel agencies
In the last 7 days, travellers have searched 46,342,885 times on KAYAK, and here's why:

Save 24% or moreCompare multiple travel sites with one search.

Track pricesNot ready to book? Create a price alert for when prices drop.

Filter your dealsChoose cabin class, free Wi-Fi and more.

Bundle and saveSave money when you bundle your flight + hotel.

Cheap flight deals from Madrid to Panama City

Here are some of the best deals found on KAYAK recently from the most popular airlines for round-trip flights from Madrid to Panama City that are departing in the next months. While these flights were available on KAYAK in the last 72 hours, prices and availability are subject to change and deals may expire.
Discover the best prices and deals for you by selecting your travel dates.
Choose your dates
17:45 - 17:45MAD-PTY
31h 00m1 stop
19:45 - 11:25PTY-MAD
32h 40m1 stop
£536Air France
Find Deal
Fri, 31 May - Sun, 16 Jun
15:00 - 18:35MAD-PTY
10h 35mdirect
20:25 - 13:15PTY-MAD
9h 50mdirect
£549Air Europa
Find Deal
Thu, 13 Jun - Mon, 1 Jul
11:00 - 19:59MAD-PTY
15h 59m1 stop
08:15 - 08:45PTY-MAD
17h 30m1 stop
£556Delta
Find Deal
Fri, 6 Sep - Sun, 15 Sep
11:00 - 12:55MAD-PTY
32h 55m1 stop
14:25 - 08:45PTY-MAD
35h 20m1 stop
£557Delta
Find Deal
Mon, 26 Aug - Wed, 11 Sep
06:00 - 16:50MAD-PTY
17h 50m1 stop
08:15 - 08:45PTY-MAD
17h 30m1 stop
Tue, 10 Sep - Sat, 28 Sep
06:00 - 16:50MAD-PTY
17h 50m1 stop
18:50 - 23:25PTY-MAD
21h 35m1 stop
£580KLM
Find Deal
Sun, 12 May - Sun, 26 May
06:00 - 17:45MAD-PTY
18h 45m2 stops
08:15 - 08:45PTY-MAD
17h 30m1 stop
Sun, 9 Jun - Sun, 4 Aug
11:45 - 15:40MAD-PTY
10h 55mdirect
17:20 - 10:20PTY-MAD
10h 00mdirect
£620Iberia
Find Deal
Wed, 10 Apr - Wed, 17 Apr
06:00 - 16:50MAD-PTY
17h 50m1 stop
18:50 - 23:25PTY-MAD
21h 35m1 stop
£653KLM
Find Deal
Fri, 17 May - Fri, 24 May
16:25 - 13:00MAD-PTY
27h 35m1 stop
13:55 - 06:10PTY-MAD
33h 15m1 stop
£672Iberia
Find Deal
Wed, 10 Apr - Wed, 17 Apr

Flights from Madrid to Panama City - Travel Insights & Trends

Get data-powered insights and trends into flights from Madrid to Panama City to help you find the cheapest flights, the best time to fly and much more.

What’s the cheapest day of the week to fly from Madrid to Panama City?

The average price of all flights from Madrid to Panama City clicked on KAYAK for each day over the last 12 months.
Your flight ticket price will generally be cheaper if you fly to Panama City on a Wednesday and more expensive on a Tuesday. On your return trip to Madrid, you should consider flying back on a Sunday, and avoid Mondays for better deals.

What is the cheapest month to fly from Madrid to Panama City?

To calculate monthly average prices, KAYAK takes all prices for each month over the last year for flights from Madrid to Panama City, removes the top 0.1% to account for outliers, and then takes the median of all values for each month.
The cheapest month for flights from Madrid to Panama City is October, where tickets cost £554 on average. On the other hand, the most expensive months are August and July, where the average cost of tickets is £848 and £769 respectively.

How far in advance should I book a flight from Madrid to Panama City?

To calculate daily average prices, KAYAK takes all prices for each day before departure over the last year for flights from Madrid to Panama City, removes the top 0.1% to account for outliers, and then takes the average of all the values for each month.
To get a below average price on the flight from Madrid to Panama City, you should book around 4 days before departure. For the absolute cheapest price, our data suggests you should book 24 days before departure.

Which airlines provide the cheapest flights from Madrid to Panama City?

The cheapest price for the route for each airline clicked by KAYAK users in the last 72 hours.
The best deals for a one-way ticket found by KAYAK users over the last 3 days were on Air Europa (£301) and Avianca (£387). The cheapest round-trip tickets were found on Air France (£536) and Air Europa (£549).

Which airlines fly direct between Madrid and Panama City?

Airline and price data is aggregated from results in KAYAK’s search results from the last 2 weeks for flights from Madrid to Panama City.
There are 2 airlines that fly direct from Madrid to Panama City. They are Air Europa and Iberia. The cheapest airline for this route is Air Europa, with the best one-way deal found costing £506. On average, the best prices for this route can be found at Air Europa.

How many flights are there between Madrid and Panama City per day?

Each day, there are between 1 and 3 nonstop flights that take off from Madrid and land in Panama City, with an average flight time of 10h 40m. The most common departure time is 15:00 and most flights take off in the afternoon. Each week, there are 16 flights. The most frequent day of departure is Wednesday, when 19% of all weekly flights depart. The fewest flights depart on a Saturday.

Which cabin class options are there for flights between Madrid and Panama City?

The average price of flights for each cabin class for the route found by users searching on KAYAK over the last 2 weeks.
There is only one cabin class option available for the route, which is Economy. Perform a search on KAYAK to find the latest prices and availability for all cabin fares, which differ across airlines.

How long does a flight from Madrid to Panama City take?

Direct flights cover the 5,065 miles separating Madrid and Panama City in about 10h 35m.

What’s the earliest departure time from Madrid to Panama City?

Early birds can take the earliest flight from Madrid at 11:45 and will be landing in Panama City at 15:40.

What’s the latest departure time from Madrid to Panama City?

If you prefer to fly at night, the latest flight from Madrid to Panama City jets off at 15:00 and lands at 18:35.

Good to know - Cheap tickets from Madrid to Panama City

Low season

May

High season

December

Cheapest flight

£301
Best time to beat the crowds (7% less expensive on average)
Most popular time to fly (17% more expensive on average)
Flight from Madrid to Panama City

When to book flights from Madrid to Panama City

Are your dates flexible? Find out the best times to travel from Madrid to Panama City based on our flight data from the last year. Discover the cheapest month and even day to fly.
Estimated return price
KAYAK looks at all historical flight data for each date to provide a predicted price for one-way trips or returns with a duration up to 40 days. While we try to provide actual minimum prices for each date, some prices are predictions and actual prices may differ.

FAQs for booking flights from Madrid to Panama City

  • What is the cheapest flight from Madrid to Panama City?

    In the last 3 days, the lowest price for a flight from Madrid to Panama City was £380 for a one-way ticket and £677 for a return.

  • Which airlines offer Wi-Fi service onboard planes from Madrid to Panama City?

    Only Iberia offers inflight Wi-Fi service on the Madrid to Panama City flight route.

  • Which aircraft models fly most regularly from Madrid to Panama City?

    The Boeing 787-9 Dreamliner is the aircraft model that flies most regularly on the Madrid to Panama City flight route.

  • Which airline alliances offer flights from Madrid to Panama City?

    oneworld, Star Alliance, and SkyTeam are the airline alliances operating flights between Madrid and Panama City, with oneworld being the most commonly used for this route.

  • On which days can I fly direct from Madrid to Panama City?

    There are direct flights from Madrid to Panama City on a daily basis.

  • Which is the best airline for flights from Madrid to Panama City, Iberia or Air Europa?

    The two airlines most popular with KAYAK users for flights from Madrid to Panama City are Iberia and Air Europa. With an average price for the route of £661 and an overall rating of 7.1, Iberia is the most popular choice. Air Europa is also a great choice for the route, with an average price of £658 and an overall rating of 7.1.

  • How does KAYAK find such low prices on flights from Madrid to Panama City?

    KAYAK is a travel search engine. That means we look across the web to find the best prices we can find for our users. With over 2 billion flight queries processed yearly, we are able to display a variety of prices and options on flights from Madrid to Panama City.

  • How does KAYAK's flight Price Forecast tool help me choose the right time to buy my flight ticket from Madrid to Panama City?

    KAYAK’s flight Price Forecast tool uses historical data to determine whether the price for a flight to Panama City from Madrid is likely to change within 7 days, so travelers know whether to wait or book now.

  • What is the Hacker Fare option on flights from Madrid to Panama City?

    Hacker Fares allow you to combine one-way tickets in order to save you money over a traditional return ticket. You could then fly to Panama City with an airline and back to Madrid with another airline.

  • What is KAYAK's "flexible dates" feature and why should I care when looking for a flight from Madrid to Panama City?

    Sometimes travel dates aren't set in stone. If your preferred travel dates have some wiggle room, flexible dates will show you all the options when flying to Panama City from Madrid up to 3 days before/after your preferred dates. You can then pick the flights that suit you best.

See more FAQs

Prefer to fly direct from Madrid to Panama City?

Find which airlines fly direct from Barajas to Tocumen Intl, which days they fly and book direct flights.

Direct departures

Madrid Barajas to Panama City Tocumen Intl

Monday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Tuesday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Wednesday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Thursday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Friday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Saturday

British Airways, Copa Airlines, EL AL, +2 more

British Airways, Copa Airlines, +3 more

Sunday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

See more direct flights

Direct returns

Panama City Tocumen Intl to Madrid Barajas

Monday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Tuesday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Wednesday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Thursday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Friday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Saturday

British Airways, Copa Airlines, EL AL, +2 more

British Airways, Copa Airlines, +3 more

Sunday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

See more direct flights
See more direct flights

Top airlines flying from Madrid to Panama City

Need help choosing which airline to fly with from Madrid to Panama City? KAYAK airline reviews give an overall score for each airline based on loads of factors, including comfort, boarding, in-flight entertainment and more, to make your decision easier. See airline scores according to KAYAK reviews.
7.1
Air EuropaOverall score based on 749 reviews
76crew
65food
72boarding
67entertainment
70comfort
71overall
Airline reviews

Boarding, crew and flight were very smooth and efficient. It was a bit difficult to understand the announcements on board, but it is a minor thing. What was quite bad was the very long time it took to retrieve the luggage at the Frankfurt airport.

Read more about Air Europa

Boarding, crew and flight were very smooth and efficient. It was a bit difficult to understand the announcements on board, but it is a minor thing. What was quite bad was the very long time it took to retrieve the luggage at the Frankfurt airport.

Service on plane was appalling. Cabin crew did not want to help with anything. Window darkening screen did not work so we had to sit in the sun for a few hours until it went down. TV screen did not work and cabin crew just shrugged their shoulders and did not care. We waited for over 2 hours for headphones so we could try watch one screen between 2 people. We had to go to back of plane to request basic water as crew never responded to call request. Will be letting many others know to warn them off ever using Air Europa. Total disaster of their own making

Terrible app. Working off paper stickies for seat reservations doesn’t work anymore.

Impossible to check in via the App. Kept on getting emails offering upgrade. When followed through not available. Wasn't any food anyway.

I like Air Europa in the way you make passengers feel important, well attended the whole trip.!It was first time in your company and hope I can repeat this experience many more times!

Place above head to place the rucksack in is smaller than in other planes, so it needed to be located under the front seat.

Great experience, I just wish airline seats were more comfortable in general.

Onboarding process and crew was excellent and efficient, Information display was great. Keep on the good work and same standard. Nothing to change.

Totally unprofessional crew, lack of empathy and disrespectful responses. Flight got delayed for Mechanical issue for 3 hours got on the runway then back, then disembarked and just waiting with no one explaining anything and missed my connecting due to that.. the crew total lack of professionalism is totally unseen anywhere.

Flights from MADRID to CARACAS and back Seats on the plane were too uncomfortable for a 9 hour trip, especially when the flight was completely full. Crew treated passengers as if we were cattle. Desperate rush to get food served so they could enjoy First class food at the back of the plane... I went twice to the back of the plane (no one answered the flight attendant button) to ask for coffee and was met with a very abrupt response... 'YOU HAVE TO PAY FOR IT'. The only thing staff could think of saying to me was 'la mascarilla senior!'.... In a way I do not blame Air Europa for getting away with this lamentable service, they are one of only two carriers flying between Spain and Venezuela so do not have any competition... I do not think they would dare offer the same service on a flight from London to Los Angeles!

All corners have been cut and it’s a cheap experience that no longer is distinguished from most other cheap airlines

The entertainment system got stuck in the ABBA music channel. The headsets were not loud enough. My pre purchased aisle seat was not honoured

it would good to have at least something to drink...

I can’t comment on food as it was necessary to buy it. No entertainment.

Everything was fantastic except the Iberia website and app… they left a lot of questions and induced much stress. But once on the plane, all was awesome.

Premium economy class is pathetic. Rubbed shoulders with passenger next to me all flight. Only about 20 passengers in that class but they ran out of one food option shortly after started serving the main meal. Flight attendant was curt and acted annoyed when asked any questions.

My flight with I berira was okay byt the lost my bags I still dont have them also the transit flight was so no comfortable so I dont think will go with them throught and transit flight again

Iberia is an excellent airline, I spent years flying with them and I recommend them 100×100, both locally and internationally.

No WiFi was available the entire flight, and the screens where media entertainment were disconnected.

The boarding process was horrible. As a business class passenger I had to stay the long line after the gate doors because the was no special priority boarding. After the full of people bus stop near the plain nobody from the stuff was organize passengers on the ground before the plane. All passengers from economy class were using the first ramp and passing business class to rich their seats in economy class. But at the same time the second ramp to economy class seats was absolutely free. Bed selection of vine. At the beginning of dinner Cava was finished. The food was very simple for business class and not tasty. It is impossible to serve grilled beef in bouillon instead of creamy souse. Instead of espresso I got filtered coffee from the pot. Second meal during 12,5 hours flight as a small piece of tortilla is too small.

Book cheap flights from Madrid to Panama City

Cheapest flights to Panama City from Madrid found in 2024

Recent one-way flight deals

 
Only flying one-way? Below are some of the best one-way flight deals from Madrid to Panama City found on KAYAK in the last 72 hours.
14/4Sun
directAir Europa
10h 35mMAD-PTY
£301
14/4Sun
directAir Europa
10h 35mMAD-PTY
£302
13/4Sat
1 stopAvianca
15h 40mMAD-PTY
£387
13/4Sat
1 stopAvianca
15h 40mMAD-PTY
£388
12/8Mon
1 stopAvianca
19h 15mMAD-PTY
£390
14/8Wed
2 stops
25h 33mMAD-PTY
£454
21/5Tue
2 stops
19h 53mMAD-PTY
£458
1/9Sun
2 stopsKLM
18h 45mMAD-PTY
£495
14/5Tue
2 stopsKLM
18h 45mMAD-PTY
£497
14/8Wed
directIberia
10h 45mMAD-PTY
£598

Search by stops

Search by airline

Search by price

Last minute flights from Madrid to Panama City

Last minute flight, train and bus deals

 
These last-minute flight deals are the cheapest flights found on KAYAK in the last 72 hours for flights from Madrid to Panama City that are departing in the next 10 days.
29/3Fri
directIberia
11h 00mMAD-PTY
14/4Sun
directIberia
10h 00mPTY-MAD
£633
29/3Fri
multi-stop
19h 15mMAD-PTY
10/4Wed
multi-stop
28h 06mPTY-MAD
£636
29/3Fri
multi-stopKLM
19h 15mMAD-PTY
10/4Wed
multi-stopKLM
28h 06mPTY-MAD
£660
29/3Fri
directAir Europa
10h 35mMAD-PTY
9/4Tue
directAir Europa
9h 50mPTY-MAD
£720
1/4Mon
multi-stopAir France
18h 45mMAD-PTY
8/4Mon
multi-stopAir France
30h 30mPTY-MAD
£738
1/4Mon
multi-stopTurkish Airlines
32h 20mMAD-PTY
14/4Sun
multi-stopTurkish Airlines
29h 40mPTY-MAD
£745
30/3Sat
multi-stopTurkish Airlines
32h 10mMAD-PTY
9/4Tue
multi-stopTurkish Airlines
19h 05mPTY-MAD
£746
29/3Fri
directAir Europa
10h 35mMAD-PTY
11/4Thu
directAir Europa
9h 50mPTY-MAD
£753
1/4Mon
multi-stopAir France
18h 45mMAD-PTY
8/4Mon
multi-stopAir France
25h 50mPTY-MAD
£760
1/4Mon
multi-stopKLM
27h 30mMAD-PTY
11/4Thu
multi-stopKLM
21h 35mPTY-MAD
£817

Search by stops

Search by airline

Search by price

Madrid - Panama City Flights

Departure:

Madrid (MAD)Spain

Destination:

Panama City (PTY)Panama

Return flight deals:

Panama City - Madrid

Cabin classes:

£2,340
£641

Browse origins:

  • Flights » 
  • Madrid

Browse destinations:

  • Flights » 
  • Worldwide » 
  • Panama City